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Planning Minister Trevor Manuel. Picture: MARTIN RHODES

Manuel blames microlending for wage demands

Unsecured lending a significant factor in unprecedented demands for 100% wage hike, Minister in the Presidency Trevor Manuel says

NEWS ANALYSIS: Anger over inequality at root of high wage demands

Picture: THINKSTOCK
3 day(s) ago

Very high wage demands in gold sector seen by many analysts as result of competition between two unions

Opinion

EDITORIAL: Unreasonable wage demands

TOUGH TALKS: Amcu president Joseph Mathunjwa leaves after meeting Labour Minister Mildred Oliphant and representatives of Cosatu and the NUM in Johannesburg on Monday. Picture: PUXLEY MAKGATHO

The Association of Mineworkers and Construction Union is sowing the seeds of its own demise with its demand for a 100% salary hike

Amcu strike threat at Lonmin stands

Deputy President Kgalema Motlanthe. Picture: GCIS
3 day(s) ago

Association of Mineworkers and Construction Union still intends to strike unless Lonmin finalises recognition, or it can be convinced strike would be unprotected

Picture: THINKSTOCK

Experience shows if firing is easier, hiring is more likely

With barely 40% of adults working, South Africa’s labour market is in deep crisis

Opinion

Unemployed youth may destabilise fiscus in the long run

Picture: THINKSTOCK

Unless they are absorbed into jobs soon, they will eventually become reliant on the state for ‘minimum’ standard of living

South African labour laws ‘flexible enough’

Labour Minister Mildred Oliphant. Picture: SOWETAN
5 day(s) ago

Labour Minister Mildred Oliphant says there’s no need to review regulation of wages through wage determinations as laws do accommodate small businesses, poor employers

Nehawu elective conference likely to be stage for Cosatu feuding

Picture: SUNDAY TIMES
4 day(s) ago

Nehawu was among unions pushing for Zwelinzima Vavi to be removed as Cosatu general secretary ahead of a crucial meeting of the federation’s top brass last month

NUM to fight Amcu’s status at Lonmin

Picture: THINKSTOCK
4 day(s) ago

Union says it has proof of irregularities in the verification process

Aquarius Platinum signs wage deal with NUM at Kroondal mine

Picture: REUTERS
4 day(s) ago

Aquarius Platinum’s inflation-related wage deal with NUM at Kroondal mine will be relief for shareholders as gold producers face demands far exceeding settlement

Amcu demands 100% pay rise for workers in gold sector

Picture: THINKSTOCK
4 day(s) ago

Union’s wage demands for unskilled and semi-skilled employees dwarf those of NUM, which tabled demand for increase of 60% for entry-level workers

SA must seize ‘vuvuzela moment’, says expert

Picture: SUNDAY TIMES
5 day(s) ago

Increased focus on entrepreneurship, creating more low-skilled jobs could help address youth unemployment

All Share 39578.100.00% same
Top 40 35051.490.00% same
Financial 15 11176.470.00% same
Industrial 25 46077.870.00% same
Resource 10 42427.500.00% same
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FTSE 100 6215.470.00% same
Dow Jones 14909.600.00% same
All Share 39578.100.00% same
ASX 4775.400.00% same
S&P 500 1606.2800.00% same
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USD/ZAR 9.86960.00% same
GBP/ZAR 15.01850.00% same
EUR/ZAR 12.84500.00% same
JPY/ZAR 0.09960.00% same
AUD/ZAR 9.02630.00% same
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Gold 1234.20000.00% same
Platinum 1341.00000.00% same
Silver 19.67550.00% same
Palladium 658.00000.00% same
Brent Crude Oil 102.1600.00% same
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Data supplied by I-Net Bridge
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  • All Share : 39578.10
    Change: 0.00%
    Top 40 : 35051.49
    Change: 0.00%
    Financial 15 : 11176.47
    Change: 0.00%
    Industrial 25 : 46077.87
    Change: 0.00%
    Resource 10 : 42427.50
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6215.47
    Change: 0.00%
    Dow Jones : 14909.60
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    Hang Seng : 20803.29
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    ASX : 4775.40
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    S&P 500 : 1606.280
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    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • N/A : 9.8696
    Change: 0.00%
    N/A : 15.0185
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    N/A : 12.8450
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    N/A : 0.0996
    Change: 0.00%
    N/A : 9.0263
    Change: 0.00%
    All data is delayed by 15 min
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  • Gold : 1234.2000
    Change: 0.00%
    Platinum : 1341.0000
    Change: 0.00%
    Silver : 19.6755
    Change: 0.00%
    Palladium : 658.0000
    Change: 0.00%
    Brent Crude Oil : 102.160
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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